After a full two years of idling rooms, dwindling guest numbers and shrinking services, hotels across Asia are turning on the fairy lights once again. But returning guests gratefully collapsing at the altar of five-star devotion would do well to examine the miracles of 2022 with a healthily jaundiced eye. As with the nouvelle cuisine […]
Read MoreThe baht opened at 34.68 to the US dollar on Thursday, dropping from Wednesday’s close of 34.61. The currency is expected to move in a range between 34.60 and 34.80 on Thursday, said Krungthai Bank market strategist Poon Panichpibool. Poon said the baht could fluctuate and weaken to test the key resistance level of 34.75 […]
Read MoreThailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country’s recovery. What are the factors driving the baht’s movement […]
Read MoreConsumer sentiment plunged for the fourth straight month in April, hitting the lowest level in eight months, as consumers remained concerned about rising costs of living and high oil prices caused by the impact of Russia’s invasion of Ukraine. The University of the Thai Chamber of Commerce (UTCC) reported on Tuesday the consumer confidence index fell […]
Read MoreCommerce Minister Jurin Laksanawisit has admitted that certain products will be allowed to increase their prices because of higher oil costs, which directly affect production costs and transport fees. However, he pledged the ministry will try its best to supervise and maintain consumer goods prices to ensure a minimal impact on consumers, saying the approval […]
Read MoreThe government will likely extend its diesel price subsidy programme that is due to end on May 20, Prime Minister Prayut Chan-o-cha said on Tuesday. He said the cabinet’s decision to lower the excise tax charged per litre on diesel by 3 baht has cost the government 5.7 billion baht in lost revenue each month […]
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Thailand
